Voters, Bailouts, and the Size of the Firm

Linda Schilling

Olin Business School Washington University in St Louis, United States of America

Discussant: Wenhao Li (University of Southern California, Marshall School of Business)

When Should Governments Buy Assets?

Michael Sockin¹, Daniel Neuhann²

¹University of Texas at Austin, United States of America; ²University of Texas at Austin, United States of America

Discussant: Victoria Vanasco (CREI, UPF, Barcelona GSE)

Bailout Addiction: Does Bailout Anticipation Induce Adverse Selection?

Fenghua Song¹, Anjan Thakor²

¹Pennsylvania State University, United States of America; ²Washington University in St. Louis, United States of America

Discussant: Martin Oehmke (London School of Economics)

Fintech Disruption, Banks, and Credit (Dis-)Intermediation: When Do Foes Become Friends?

Yasser Boualam¹, Paul Yoo²

¹UNC Kenan-Flagler Business School; ²American University - Kogod School of Business

Discussant: Yue Yuan (University College London)

Information Span in Credit Market Competition

Zhiguo He², Jing Huang¹, Cecilia Parlatore³

¹Texas A&M University; ²Stanford University; ³New York University

Discussant: Basil Williams (Imperial College)

The Limits of Big Data in Credit Markets

Uday Rajan², Yan Xiong¹

¹Hong Kong University of Science and Technology, Hong Kong S.A.R. (China); ²University of Michigan

Discussant: Stefano Pegoraro (University of Notre Dame)

Bankruptcy Law and the Market for Corporate Influence

Mike Burkart¹, Lee Samuel², Vladimirov Vladimir³

¹London School of Economics and Political Science; ²University of Santa Clara; ³University of Amsterdam

Discussant: Arthur Taburet (Duke University)

Untying the Knot: Disentangling Cash Flow and Voting Rights for Better Price Informativeness

Aaron Burt¹, Ran Duchin², Christopher Hrdlicka³

¹University of Oklahoma; ²Boston College; ³University of Washington

Discussant: Matthew Ringgenberg (University of Utah)

Trading and Voting on Proxy Advice

Markus Parlasca¹, Paul Voss²

¹Vienna University of Economics and Business; ²HEC Paris

Discussant: Shaoting Pi (Iowa State University)

A New Theory of Credit Lines (With Evidence)

Jason R Donaldson¹, Naz Koont², Giorgia Piacentino¹, Victoria Vanasco³

¹University of Southern California, United States of America; ²Columbia University; ³CREI

Discussant: Barney Hartman-Glaser (UCLA)

Creditor-on-Creditor Violence and Secured Debt Dynamics

Samuel Antill¹, Zhaoli Jiang², Neng Wang³

¹Harvard Business School; ²The Hong Kong Polytechnic University; ³Columbia University

Discussant: Thomas Geelen (Copenhagen Business School)

Explaining Debt Covenant Amendments: A Structural Approach

Irina Luneva

The Wharton School, University of Pennsylvania, United States of America

Discussant: Simon Rother (University of Mannheim)

How Effective are Portfolio Mandates?

Jack Favilukis¹, Lorenzo Garlappi¹, Raman Uppal²

¹University of British Columbia; ²EDHEC Business School

Discussant: Valeria Fedyk (London Business School)

All The President's Money: Market Concentration, Oligarchs and Sanctions in Hybrid Regimes

Peter Kondor¹, Gergely Ujhelyi²

¹London School of Economics; ²University of Houston

Discussant: Paul Voss (HEC Paris)

Political Preferences and Financial Market Equilibrium

Youchang Wu¹, Josef Zechner²

¹University of Oregon; ²Vienna University of Economics and Business

Discussant: Magdalena Rola-Janicka (Imperial College London)

Arms Sales in Financial Markets

Vincent Glode¹, Xingtan Zhang²

¹The Wharton School of University of Pennsylvania; ²University of Colorado at Boulder, United States of America

Discussant: Francesco Sangiorgi (Frankfurt School of Finance & Management)

Battle of the Bots: Flash loans, Miner Extractable Value and Efficient Settlement

Alfred Lehar¹, Christine Parlour²

¹University of Calgary, Canada; ²UC Berkeley

Discussant: Michael Junho Lee (Federal Reserve Bank of New York)

Equilibrium in a DeFi Lending Market

Thomas Rivera¹, Fahad Saleh², Quentin Vandeweyer³

¹McGill University; ²Wake Forest University; ³University of Chicago

Discussant: Maximilian Guennewig (University of Bonn)

Money and Taxes implement Dynamic Optimal Mechanisms

Bruno Biais¹, Jean Charles Rochet², Stéphane Villeneuve², Hans Gersbach³, Elu von Thadden⁴

¹HEC, France; ²TSE; ³ETH; ⁴Mannheim University

Discussant: Vladimir Asriyan (CREI and BSE)

Time Trumps Quantity in the Market for Lemons

William Fuchs, Piero Gottardi, Humberto Moreira

University of Texas Austin / UC3M, United States of America

Discussant: S \"Vish\" Viswanathan (Duke University)

Committing to Trade: A Theory of Intermediation

Francesco Sannino

Frankfurt School of Finance & Management, Germany

Discussant: Xiaobo Yu (Columbia Business School)

Feedback Between the Financial Market and the Product Market

Ken Deng, Joel Shapiro

University of Oxford, United Kingdom

Discussant: Alexander Guembel (Toulouse Capitole University)

Feedback on Emerging Corporate Policies

Sean Cao¹, Itay Goldstein², Jie He³, Yabo Zhao⁴

¹University of Maryland; ²University of Pennsylvania; ³University of Georgia; ⁴Chinese University of Hong Kong, Shenzhen

Discussant: Olivier Dessaint (INSEAD)

Multiple Equilibria in Noisy Rational Expectations Economies

Domotor Palvolgyi¹, Gyuri Venter², Liyan Yang³

¹Eotvos Lorand University; ²University of Warwick; ³University of Toronto, Rotman

Discussant: James Dow (London Business School)